$1.35M
$226,399
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,800,000
Medium
$1,600,000
Low
$1,400,000
Confidence
Medium
Just 10 minutes from Coffs Harbour, this Karangi property is a rare gem set on 2.42 hectares. Ideal for horse lovers, extended families, or investors, the estate features a main house, granny flat, and additional accommodation. Horse facilities include three paddocks, stables, and a full arena. With modern amenities and income potential, it's a perfect countryside oasis.
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83.3%
-
-
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-$42,894
2.6%
Asking Price
-
Estimated Purchase Price
$1,600,000
Stamp Duty
$71,055
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$160,000
Reg. Mortgage
$164
LMI Premium
$45,213
Renovation Costs
-
Total Cash/Equity Required
$278,627
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$41,600
$59,210
Property Management
+7.7% PA
$3,203
$4,559
Rates
+3.0% PA
$1,257
$1,640
Water
+3.0% PA
$1,127
$1,470
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$33,763
$48,604
Interest Repayments
$95,040
$95,040
Net Cashflow Before Tax
-$61,277
-$46,436
Depreciation
-
-
Tax Offset
-$18,383
-$13,931
Net Cashflow After Tax
-$42,894
-$32,505
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,708,800
$3,089,104
Loan Balance
I.O
$1,440,000
$1,440,000
$268,800
$1,649,104
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 13.0%
Accommodation and Food Services - 10.0%
Education and Training - 9.0%
Others - 50.0%
Average Income
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projected
for 2025 to 2027
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Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price